Condo Investment Properties for Sale in Vernon, CT
$ 169,900
ROI
23.4
Cash Flow/m
170- 2 Bed
- 1 Bath
- 962 sft
565 Talcottville Road #1C6, Vernon, CT, 06066
$ 265,000
ROI
22.2Cash Flow/m
180- 2 Bed
- 2 Bath
- 1100 sft
60 Old Town Road #53, Vernon, CT, 06066
$ 185,000
ROI
20.0Cash Flow/m
11- 2 Bed
- 2 Bath
- 910 sft
201 Regan Road #30A, Vernon, CT, 06066
$ 285,000
ROI
21.3Cash Flow/m
123- 2 Bed
- 2 Bath
- 1198 sft
80 Country Lane #16, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in condos in Connecticut can provide stable returns, particularly given the state's diverse economy. With a rental yield of approximately 6% and an average cash flow of $1,200 per month, many investors find this market attractive. Furthermore, the appreciation rate for condos is expected to stay positive as suburban living remains in demand.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices for condos in Connecticut typically average around $1,800 per month, depending on the specific location and amenities. This can vary considerably based on market trends and demand in particular neighborhoods.
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